A collaborative project by sustainable investment specialists RobecoSAM and climate change reporting platform the Carbon Disclosure Project (CDP) is set to make it easier for investors to compare information about different companies’ sustainability.
RobecoSAM, which recently co-developed the Dow Jones Sustainability Emerging Markets Index, will be asking businesses about climate change and their environmental impact, in order to rank their sustainability data.
This strategy is similar to that of CDP, which aims to measure and disclose environmental information, particularly regarding greenhouse gas emissions.
CDP’s CEO Paul Simpson said, “This is an important response to market demand. Both the business and investment communities have called for a more harmonised approach to sustainability reporting and for more comparable data.
“It will now be easier to incorporate climate risk, opportunity and governance into evaluations of corporate progress on sustainability.”
The partnership will also provide new tools to develop more areas of environmental assessment.
Currently, more than 1,400 companies report their environmental strategies to CDP, while RobecoSAM has assessed over 2,000 about their sustainability.
Daniel Wild, head of research at RobecoSAM, commented on the alliance: “We are natural partners given our mutual focus on sustainability issues that are financially material for investors who are focused on identifying innovative companies that are well-positioned for the long-term.
“In aligning our environmental data collection approaches we hope to lessen the burden on companies that currently have to submit similar data to both CDP and RobecoSAM.”
CDP to question 5,000 firms on carbon and climate commitments
Investors call for carbon transparency and reduction
CDP study shows improvements in emissions reporting in major firms
Global boardrooms increasingly aware of climate change threat
Like our Facebook Page
The Pros and Cons of Fixed Prices for Sustainable Energy
How to Plan an Unforgettable Eco-Friendly Trip to Europe
Is Decarbonizing The Shipping Industry an Achievable Goal?
Designing Eco-Systems Sustainable Exhibits: Strategies for Reducing Environmental Impact
Green Living, Education and Awareness Are Keys to Preventing Mesothelioma
Canada Can Take New Steps to Make Healthcare Greener
Roy Bartholomew Shares Basics of Ecosystem Engineering
Understanding the Evolving Science of Environmental Health
Is Eco-Friendly Composite Decking Really Good for the Planet?
Eco-Friendly Composting Tips that All Gardeneners Should Follow
6 Home Improvements You Can Make to Help the Environment
Reduce, Reuse, Recycle: Eco-Friendly Party Favors Made for the Garden
One of the Most Unique Eco-Friendly Travel Tips: Try Rollerblading
Humane Pigeons Pest Control Tips Environmentalists Can Follow
Environmental Impact of Artificial Grass for Your Lawn
Choosing The Best Eco-Friendly Furniture Set for your Living Room
Planning an Eco-Friendly Bus Trip to Singapore with Friends
How to Travel More Sustainably While Saving Money
The Truth About The Environmental Impact of Dogs
6 Major Luxury Residential Projects Responding to Climate Change
- Energy10 months ago
How To Choose the Right Solar Inverter for Your Home?
- Energy11 months ago
How to Choose the Best Solar Panel for Your Home
- Environment11 months ago
Reduce Industry Footprints with Sustainable Material Swaps
- Environment10 months ago
Is Smart Building Technology the Future of Sustainability?